CNBC

The truth about recycling according to a waste disposal company may come as a shock. It is “unprofitable,” according to Waste Management (WM) CEO David Steiner. On May 28, Steiner told CNBC’s Squawk Box that recycling had proved to be “unprofitable” and his company has stopped investing in recycling operations. WM revenues were down 10 percent just because of losses from recycling, according to…

The middle class is “getting nowhere” thanks to President Barack Obama, according to Gov. Chris Christie, R-N.J. Christie criticized Obama’s economic policies on CNBC’s Squawk Box May 21, and emphasized the need for restoring economic growth, reforming entitlements and investing in national defense.

A prominent American businessman said the media have unfairly “pounced” on recent data to slam Gov. Scott Walker’s employment policies in Wisconsin. CKE Restaurants CEO Andrew Puzder, whose company owns Hardee’s, Carl’s Jr. and other restaurants, defended Walker’s jobs record on CNBC’s Squawk Box May 19. According to Puzder, Walker’s critics in the media took data “completely out of context”…

At least six people died and many more were injured in a terrible Amtrak accident on the night of May 12, and before the cause had been discovered, multiple cable news networks used the tragedy to make a political point. Programming on CNN, CNBC and MSNBC all used the accident to claim the government needed to spent more on infrastructure all before National Transportation Safety Board (NTSB)…

It appears that someone might need to schedule an intervention with the Associated Press's economics writers. In his dispatch published a half-hour after the government's March release on international trade at 8:30 this morning, the wire service's Martin Crutsinger quoted a normally upbeat economist who was singing the blues about the result's effect on previously reported first-quarter…

Apparently voters can expect to see Rick Harrison of History Channel's Pawn Stars hitting the campaign trail for Republican presidential candidate Marco Rubio.

Japan just reported yet another awful retail sales result. Though it far exceeeded predictions of a 7.3 percent fall, the 9.7 percent March 2015 plunge compared to March 2014 doesn't reveal much, as March 2014 saw a splurge at the stores ahead of a steep sales tax increase which took effect on April 1. The really telling figure is the 1.9 percent seasonally adjusted dive compared to February.…

Confucius say surprising things about capitalism. Even more surprising was the decision by NBC News to promote the video from sister network CNBC about “Confucian capitalism” and the Chinese philosopher’s laissez-faire views of economics, given the network’s past attacks on capitalism.

Wrapping up a segment on CNBC's Closing Bell on Tuesday, reporter John Harwood suggested that Hillary Clinton's use of personal email to conduct State Department correspondence may well have been just a case of "excessive caution" on her part.

On Tuesday night, liberal comedian Jon Stewart announced that he would be departing The Daily Show later this year to pursue other professional endeavors. Following Stewart’s decision to end his 16 year run at Comedy Central, many in the media have wondered what his next move would be, including former Yahoo CEO Ross Levinsohn who argued that he would pay Stewart $100 million per year for a new…

It wasn't what CNBC hosts Simon Hobbs nor Sarah Eisen expected or wanted to hear. In stark contrast to the upbeat Federal Reserve forecasts, Steven Ricchiuto, chief economist of Mizuho Securities weighed in with a distinctly glum picture of the near future.  

Earlier this afternoon (Tuesday), National Review’s Eliana Johnson dug up the full transcript of embattled NBC Nightly News anchor Brian Williams recounting his helicopter story to Tim Russert in 2005, and she zeroed in on Williams specific claim that the pilot — “our captain” — was shot “right through the earlobe,” a claim disputed by the two pilots on that Chinook.

Appearing on CNBC's Power Lunch at 1 p.m. ET Friday, the business network's chief Washington correspondent John Harwood touted President Obama's proposal to tax 529 college savings accounts: "If you want to change the distribution of income in this country, you've got to take from some to give to the other, and that's precisely what the President wants to do. Middle class families...have…

Following the deadly Islamic terrorist attack in Paris on Wednesday, major broadcast networks ABC and NBC joined other news outlets in not showing any of the controversial cartoons of the Islamic Prophet Muhammad from the Charlie Hebdo magazine during their evening newscasts. Despite initially telling Buzzfeed that they would not be showing any of the cartoons, CBS News did go forward and…